Oil & Gas Property in Shelby County, TX
Key data points for Reed Unit
| County | Shelby County, TX |
|---|---|
| Operator | SHERIDAN PRODUCTION CO III, LLC |
| Production Dates | Apr 2002 - Jan 2026 |
| Total Oil Production | 24,790 BBLs |
| Total Gas Production | 1,585,595 MCF |
| Recent Oil Production | 100 BBLs in Dec 2025 |
| Recent Gas Production | 2,618 MCF in Dec 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Reed Unit
ShaleAssessment™
$5,779 *
MarketMultiple™
$28,541 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Reed Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Adams | Shelby County, TX | 21 BBLs | 3,498 MCF | Jan 2026 |
| Arco | Shelby County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| BP Ethridge 971 | Shelby County, TX | 0 BBLs | 759 MCF | Jan 2026 |
| BP Georgetown 885 | Shelby County, TX | 0 BBLs | 1,244 MCF | Jan 2026 |
| Carlton Gas Unit | Shelby County, TX | 0 BBLs | 0 MCF | Jan 2026 |
| Case | Shelby County, TX | 0 BBLs | 1,941 MCF | Jan 2026 |
| Crawford | Shelby County, TX | 14 BBLs | 2,131 MCF | Jan 2026 |
| Franks Estate | Shelby County, TX | 0 BBLs | 8,513 MCF | Jan 2026 |
| Franks Lawrence T | Shelby County, TX | 2 BBLs | 2,540 MCF | Jan 2026 |
| Griffin | Shelby County, TX | 42 BBLs | 8,744 MCF | Jan 2026 |
| Hancock | Shelby County, TX | 0 BBLs | 0 MCF | Jul 2020 |
| Howard A 1 | Shelby County, TX | 0 BBLs | 101 MCF | Jan 2026 |
| Jones | Shelby County, TX | 17 BBLs | 8,297 MCF | Jan 2026 |
| Oliver Unit | Shelby County, TX | 2 BBLs | 13,052 MCF | Jan 2026 |
| Pate | Shelby County, TX | 5 BBLs | 3,190 MCF | Jan 2026 |
| Polley | Shelby County, TX | 0 BBLs | 203 MCF | Jan 2026 |
| Ramsey Unit | Shelby County, TX | 162 BBLs | 5,831 MCF | Jan 2026 |
| Samford | Shelby County, TX | 2 BBLs | 1,558 MCF | Jan 2026 |
| Sickel 1 | Shelby County, TX | 0 BBLs | 0 MCF | Dec 2017 |
| Thomas Gas Unit | Shelby County, TX | 0 BBLs | 323 MCF | Jan 2026 |
These are the closest 20 companies operating near the Reed Unit property.